(VIANEWS) – Shares of Ebix (NASDAQ: EBIX) rose 8.76% to $19.99 at 10:57 EST on Friday, following the last session’s downward trend. NASDAQ is jumping 0.22% to $10,761.57, following the last session’s downward trend. This seems, as yet, a somewhat up trend exchanging session today.

Ebix’s last close was $18.38, 58.62% below its 52-week high of $44.42.

About Ebix

Ebix, Inc., along with its subsidiaries, offers e-commerce and software exchanges on demand to the financial, healthcare, and travel industries. It develops and deploys insurance and reinsurance exchanges; provides software-as-a-service (SaaS) enterprise solutions in the areas of customer relationship management, and front-end and back-end systems; and offers outsourced administrative and risk compliance solutions. It operates P&C Exchanges in Australia, New Zealand and the United States. This facilitates insurance data exchange between insurance brokers and carriers, with a particular focus on personal and business lines. The company’s services and products in exchange include money transfer and travel services, foreign exchange services, outward remittance and payment services, gift cards that consumers can redeem at different merchants, as well as technology services to various providers, including lending, wealth, asset and management and travel. SaaS platform, related services, licensing of software, and professional services that include setting up, customizing, training or consulting are some examples of the company’s insurance exchanges products and services. Its risk compliance services cover certificates of insurance creation and tracking; consulting services comprising project management and development; and business process outsourcing services, including domain intensive project management, system consulting services, and claims adjudication/settlement services. Ebix, Inc. was previously known as Delphi Systems, Inc., but it changed its name in December 2003 to Ebix, Inc. Ebix, Inc. was established in 1976. It is located in Johns Creek, Georgia.

Earnings Per Share

As for profitability, Ebix has a trailing twelve months EPS of $3.02.

PE Ratio

Ebix has a trailing twelve months price to earnings ratio of 6.62. Meaning,
the purchaser of the share is investing $6.62 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.27%.

More news about Ebix (EBIX).

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